Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "s/o How much cash on hand do you keep?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]It seems to me if you have millions in net worth and $100k+ in your checking account that you aren't really scraping for nickels. Having ALL of your wealth in cash is probably nuts but having a healthy fraction of it in cash is merely irrational. Yes, you are not optimizing the value of assets. Yes, you are leaving money on the table because you have more cash than you "should". OK. Maybe $60k (half) of the OP's cash could be in safe investments earning, what, 5% per year after taxes? That would be an extra $3000 per year or about $250/month with a bit of risk. The OP is paying $250 a month for piece of mind. For my situation, $250/month would bust my budget. For the OP, it may be fine. It sounds like the OP has given this matter sufficient thought and can forget about it until things change.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
